Pakistan’s rice exports fall significantly due to Indian rice dumping in international markets

Other countries have also been affected due to Indian rice dumping.

Pakistan’s rice exports have declined by 48% due to the dumping of Indian rice in global markets at cheaper rates.

Indian rice exporters were able to engage in the dumping practice due to governmental subsidies.

No.1 Basmati Rice Exporter in Pakistan - Matco Foods

This was revealed by the President of the Rice Exporters Association of Pakistan (REAP), Abdul Qayyum Paracha, to a couple of media outlets.

Paracha stated that the main reason for a significant fall in Pakistan’s rice exports was the low price of Indian rice in international markets.

Pakistan has been offering its rice at an average rate of $450 per tonne, while India has been quoting a price of $360 per tonne.

Pakistani rice exporters believe their competitors in India are receiving subsidies from their government, enabling them to engage in dumping.

It is pertinent to note that under the World Trade Organisation (WTO) rules, flooding global markets with subsidized food, particularly rice, is an offense.

Pakistan to Challenge Indian Claim Over Basmati Rice in Europe

Paracha underscored that Pakistan was not the only nation to be affected by Indian rice dumping.

Other South and Southeastern Asian countries, such as Nepal, Myanmar (Burma), Thailand, Vietnam, and Cambodia, have also been affected.

The REAP President also blamed the spiraling of freight charges for the decrease in rice exports.

The Chairperson of the Cereal Association of Pakistan (CEP), Muzammil Rauf Chappal, lamented that freight charges have almost gone up by 600% in recent times, causing a huge loss to traders.

According to the Pakistan Bureau of Statistics (PBS), Pakistan’s basmati exports have declined by 31% during the current fiscal year, resulting in a revenue of $1.8 billion instead of more than $2 billion last year.

What are your views on this? Share with us in the comments below.

  • If you go to any south Asian store, you can easily tell by looking at the rice whether it is from Pakistan or India. if the packaging is good the rice is from india, if the packaging is shitty you can correctly assume that the rice is from Pakistan. Our companies dont consider marketing as essential, nor Quality control. thats the one of the main reasons Indian Rice exports are growing, they create brand awareness even if its just by improving the packaging. More than half of Pakistani brands are packaged in Bori’s, seriosly wtf !
    The taste and the consumer price of both the countries are similar, so thats not the deciding factor here.

  • Featured Content⭐